THE boss of stricken Singapore oil trader Hin Leong Trading, Lim Oon Kuin, was charged in court on Friday with abetment of forgery for the purpose of cheating.

[SINGAPORE] China's Sinopec has merged two subsidiary refineries in Guangdong, two company sources said, as the state refining giant looks to improve operations in the face of rising competition...

[MANILA] The Philippine unit of Royal Dutch Shell said on Tuesday it will permanently shut one of the country's two oil refineries, blaming a pandemic-led slump in margins, with other regional...

REX International on Thursday posted a net loss of US$21 million for the half-year ended June 30, 2020, compared with a net profit of US$22.6 million a year ago.

OCCIDENTAL Petroleum Corp will have just a single oil rig in the Permian Basin in the second half of the year, illustrating the scale of the shale industry's pullback and the company's debt woes...

[NEW DELHI] Oil major Royal Dutch Shell plans to buy a 50 per cent stake in Indian-based Naraya Energy's up to US$9 billion planned petrochemical project, a source familiar with the matter said....

[DUBAI] Abu Dhabi is considering bringing local investors into its natural-gas pipeline network, according to people familiar with the matter, just months after raising cash from foreign funds....

SINGAPORE'S refining sector has finally shown some recovery in July, as the Republic's three refineries hit full operable capacity for the first time since February 2020 at 1.315 million barrels...

[HOUSTON] Occidental Petroleum reported a US$6.6 billion writedown in the second quarter, equivalent to more than 40 per cent of its market value, as the collapse in energy prices took its toll on...

SINGAPORE'S refining sector has finally shown some recovery in July, as the Republic's three refineries hit full operable capacity for the first time since February 2020 at 1.315 million barrels...